A very thoughtful piece on the false notion that Adam Smith’s “invisible hand” implies a lack of government intervention. Rather, he felt that the invisible hand was the unexpected social good from private action made possible by industrious hard-work and proper precedence of the public good in politics. In other words, he’d probably see Goldman Sachs as a bunch of lazy wastrels.
Monday, October 22, 2012
Wednesday, October 17, 2012
Sunday, October 07, 2012
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